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ought to be fired immediately. a sick joke that nobody ought to take seriously. paul ryan's budget is the same he put forth the last two years in a row. hasn't he learned anything? he would destroy medicare and medicaid, give the wealthy yet another tax break, put most of the burden on the poor and middle class and repeal obama care. this budget is going nowhere. it will be dead on arrival in the senate. it is pure fiscal mastur va tion. yet paul ryan gets credit for being a serious thinker. i will tell you this if paul ryan is a serious thinker i am an astronaut. take a look at the budget. doesn't add up. tomorrow, congressman keith ellison and peter welch, oh, boy. can't wait for that. come back and join us right here tomorrow. >> this is "the bill press show." [ ♪ theme ♪ ] >> stephanie: happy wednesday everybody. jacki schechner, you know i have so few things in my life. look how happy i am about my new coffee mug. >> what does it say? >> stephanie: it is green in time for st. patrick's day. >> ooh. does that mean there's no pinch ug? >> stephani
strong budget that balances in ten years. >> paul ryan's budget this week is coming under criticism for using fuzzy math repeals obama care but then uses the revenue that it would generate. he uses revenue from unspecified tax reform and doesn't identify single loophole in there that you would close. how is this honest accounting and how does this help lend legitimacy to the budget process that many americans feel has become kind of a farce? >> there are no budget gimmicks. in fact it's not our numbers that we're using. there's an independent referee that scores everybody's budget. they score our budget, the president's budget which doesn't exist yet but when he files it they will score that. in our budget they actually score the house budget to balance in ten years. and what paul does, a budget doesn't actually implement tax reform. it calls for tax reform. it calls on the various committees of jurisdiction to do certain things. we'll be calling on our natural resources and energy and commerce committee to increase energy production for example. that doesn't say exactly how to do i
, it's that he won't cave on his principles. >> paul ryan today put forward his budget and he says he's challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no. my goal is not to chase a balanced budget just for the sake of balance. it's not balance on the backs of the poor, the elderly, students who need student loans, families who have got disabled kids. >> that's the gop's real problem. don't let them fool you. ginning me now is e.j. dionne. e.j., let me ask you, is the real problem here what i'm saying? what is the real problem, in your opinion? does the gop expect the president to cave in on his principles? >> the real problem is a huge philosophical gulf about the way forward. i was really glad that the president very explicitly said, there's nothing magical about balancing the budget in ten years. if we balance the budget too quickly and especially if we make a lot of cuts early, we're going to potentially wreck this economy. that's number one. number two, if you look at paul ryan's budget, there are incredible cuts in there to t
to "hannity," the chance for reeconomic prosperity has been unveiled. paul ryan will be joining me momentarily to detail his bold and controversial budget plan. let's look at what he's proposing and why the democrats and president need to listen and act. according to the fiscal blueprint, the budget will be balanced in ten years and will not raise taxes. how does he accomplish this? he doesn't spend what we don't have. here is how the congressman explained it earlier today. >> this budget cuts spending by 4.6 trillion dollars offer the next ten years. historically we've paid a little less than 1/5 of our income to the federal government, but the government has spent a lot more. we match revenues with expenditures, so the budget matches the spending with income just like every family and business must do throughout america. >> sean: to help us reach this balanced budget in ten years, congressman ryan lays out four major issue we as a country must tackle. first, energy. ryan's plan paves a path for affordable and american produced energy, most notably, the plan green lights the keystone pipeline
. let's remember the president said this earlier this week: >> paul ryan today put forthhis budget and is challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no. we're not going to balance the budget in ten years, because if you look at what he does to balance the budget, you have to voucherrize medicare. you have to slash deeply into programs like medicaid. my goal is not to chase a balanced budget just for the sake of balance. >> let's not do that. our commander-in-chief doesn't think we need a balanced budget, and his democratic cohorts in the senate appear to agree with him. senator patty murray, the democratic chair of the senate budget committee, finally released their liberal budget plan, and in the next ten years in their budget government spending would increase by over $2 trillion. that's a 58% increase, but that's not all. the republicans on the senate budget committee also crunched the numbers and under the democrats' plan they would race taxes by $1.5 trillion. they just raised taxes. why would anyone think this budget
. paul ryan rolls out a new plan to balance the budget but he is making big spending changes to get there. how much is for real and how much is for show? we'll get reaction from a congressman on the house budget committee. >>> security scandal in the u.s.. sec charges illinois with fraud. they have huge pensions problems while trying to borrow money. more states and cities could be doing the same thing. we have a top expert to peel back the curtain. >>> optimism climbs for the 30 strayed month. more hiring and investment is planned. is it the silver lining we've all been waiting for? get the store from two business owners. you're not going to want to miss what they have to say. even when they say it is not, it is always about money. melissa: first let's look at today's market moment. it was a photo finish for the dow after spending much of the day in the red. it squeaked out a gain in the last minutes of trading. it set a record for the 6th straight session. the nasdaq and the s&p 500 weren't as lucky however. they snapped a seven-day streak of gains, falling slightly from multiyear highs
a battle of the u.s. budget plans. senate democrats are set to unveil the answer to republican paul ryan's deficit cutting proposal today. >> announcer: you're watching "worldwide exchange" bringing you business news from around the globe. >>> it looks like a touch weaker for u.s. futures. look at the action. the dow did manage just at the end of the day to eke out small gains yesterday and that means it's been eight straight days of gains for this index. can it be nine? unusual. that would be the first time in 16 years in fact. meanwhile, perhaps some cautionary signs in the nasdaq which has had a weak couple of days stretch over here. s&p 500 also ended lower and looks to give up a point or two this morning as well. 1,545 is the level there. we're down 0.2 in the ftse global 300. a lot of action in the last half hour. we're seeing the euro weakening and general sense of risk coming off the table as we head closer to the weekend. key bond auctions today as well. italy going to market and we see italian stocks giving up .75 of 1%. spain down by two-thirds of 1%. ftse 100 message is consi
tiches pick paul ryan to win the cpac straw poll. they are praising his new budget plan and has a lot less spending than the president's budget plan and 4.6 trillion less. enough to balance the budget by 2023. some in forbes say it doesn't cut enough. i am david asbin. welcome to forbes on fox. we'll have elizabeth and john, and rich and mike and mark . john, democrats pick the plan and say it cuts too much . you say it cuts too much. >> a balanced budget is not small government. under this plan it will increase it in 2023. it will be 1. 4 trillion. it is versus the sphendings . ryan thinking it is small government and he thinks it is bad politics. it is reducing the burden of government and this will expand it. >> mark, john has a point here. the ryan budget averages out to 1.1 trillion. that is more than what we are sphending now with president obama. >> it actually cuts too much. >> it is over the trillion years. and it cuts in areas that we shouldn't be cutting. we should be expanding areas where scientific and education and areas that create jobs and ryan is in fantasy land. it w
. if that is the position and we are probably not going to be able to get a deal. lou: congressman paul ryan, the author of the republican budget calling the president'sur reach effort, if that's what it is, and fiscal wishes not terribly charming. the president also claiming dung that interview with abc that the white house did not order the controversial closure of white house tours. that is the statement that his own press secretary disputed just hours later. >> the secret service made the decision about its budget and to withdraw personnel from to worse . cancel the taurus. it is our job to cancel the taurus. they cannot cancel them. because this is not a tour of the secret service building but tour of the white house and grounds. we run the taurus and the invitations and process. so the white house, as we said, canceled the taurus. lou: the white house canceled the taurus. meanwhile, the president not only disputing the existenceeof a debt crisis, president obama used to sequester gusty -- sequester cutso claim his administration has already made enough cuts to get the deficit under control, the ve
in washington is the paul ryan budget. it's the same budget paul ryan and romney ran on in the election when they lost with the weaknesses that caused them to lose like taking a hatchet to health care and the generous tax cut to the rich that somehow pays for its. what you want details? you know better than that. this is groundhog day in republican politics. soon, they are going to float hillary clinton is going to replace joe biden as vice president again. all of this stuff, the welfare lie, the obama phone lie. the kill medicare budget that we don't have to explain, trust us. it's republicans trying to get traction on stuff they did not get traction on before when they were busy trying not to lose in the november elections and they lost anyway. in that election, it was actually the democrats who really did get traction on part of that issue. it was democrats who did get traction when this tape showed the republicans real argument on this stuff and all the naked behind closed doors glory. the republican's presidential campaign showing 47% of the country was accustomed to voting. romney sayi
. congressman paul ryan taking in that budget cuts, as well. republicans put forth their own spending blueprint. response.e republican >> president obama and senate democrats say they want a balanced approach to our fiscal issues but their budget is ever balance, ever. taxesd they want to raise to fuel more spending. we know where this path leads, straight into a debt crisis. what does look like? first lenders will demand a higher interest rate. higher interest rates across the country will skyrocket on credit cards, mortgages, car loans. if interest rates rise debt payments will overwhelm all other items in the budget. the debt will overwhelm our economy. our finances will collapse. the safety net will unravel. the most honorable will suffer. you think this cannot happen here? just look at europe. we do not accept that future, not for our children and country. today we invite president obama to do with president clinton did, to work with republicans in congress to balance the budget. he can join in the efforts or he can choose the status quo. but he must choose. the american people deserve an
because i thought he was too moderate. and you, you probably think paul ryan is something other than a charlotteton. i think you are bat [ censor bleep ] crazy. but may i suggest to you a sort of bipartisan coming together. >> oh. >> stephanie: oh, i'm sorry, this isn't an attempt to strike a grand bargain. i have just heard that sex with someone you actively dislike can be a lot of fun. i'll even offer an olive branch and buy you a drink first. we can have an argument before we get down to business. [ applause ] >> stephanie: that's my pickup line, in town for cpac let's [ censor bleep ]. >> and i love how he says i'm on the green line. >> stephanie: bill in albany is loving our downward spiral to vacation. >> caller: i was just going to say the same thing, how much i enjoy this week before vacation and the downward spiral that it becomes. it's the best. >> stephanie: bill, really historically the hour right before vacation, really it's like a scrabble board exploded. yeah. >> caller: it degenerates into fart jokes and mensa meetings and all of the other crazy stu
budget committee paul ryan also expected to speak. yesterday we heard from party leaders that spoke about the future. they didn't really hold back any punches. look at some of that from yesterday, at cpac. >> the premise from the left is clear. they think economic growth depends on a huge, bloated federal government that just keeps growing. that's ridiculous. >> people who disagree on all sorts of things in the real world work together all the time on things they do agree on and there has to be a movement in america for people who believe in limited government, constitutional principles and a free enterprise system and that should be us. >> the gop of old has grown stale and moss-covered. >> our party is enqum pered by an inconsistent approach to freedom. the new gop will need to embrace liberty in both the economic and the personal sphere. [cheers and applause] martha: big response yesterday to rand paul and others. rick perry also got a very positive response from the crowd. we'll bring you highlights as they come in. we'll keep an eye on it. mitch mcconnell is speaking now. more coming
year. in addition to that, the big thing they are fighting about in washington is the paul ryan budget. it's the same budget paul ryan and romney ran on in the election when they lost with the weaknesses that caused them to lose like taking a hatchet to health care and the generous tax cut to the rich that somehow pays for its. what you want details? you know better than that. this is groundhog day in republican politics. soon, they are going to float hillary clinton is going to replace joe biden as vice president again. all of this stuff, the welfare lie, the obama phone lie. the kill medicare budget that we don't have to explain, trust us. it's republicans trying to get traction on stuff they did not get traction on before when they were busy trying not to lose in the november elections and they lost anyway. in that election, it was actually the democrats who really did get traction on part of that issue. it was democrats who did get traction when this tape showed the republicans real argument on this stuff and all the naked behind closed doors glory. the republican's presidential ca
the president obama as he responds to congressman paul ryan's plan to balance the budget in ten years. we still have not seen the president's budget. that was due last month. we remember that an extension was requested but he tells abc news that the congressman, congressman ryan, and he, have very different goals when it comes to the economy. listen to this. >> my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue. martha: stuart varney, host of "varney & company" on the fox business network. what do you think about that statement? he says you shouldn't just chase a balanced budget just for the sake of being able to say it is balanced? >> i think the president was spelling out his priority and his priority is not balancing the budget for the sake of balancing the budget. his priority is growth by spending more government money. that i think is his priority. and as you said, martha, that is in sharp contrast to paul ryan who is deliberately going after d
the cost of personal privacy. then one up and no less than paul ryan he says he can balance the budget in ten years. rand paul says to my will to it in five. no program is too sacred that it cannot be sliced. no party chanted monday at the kennedy challenged. creating a grand old -- but no one yet as one bigger applause, which is why i predict demand by the way, you should probably read this and pencil. no one will garner more votes. a straw poll is actually just a snapshot in time. once he wins this one, i am telling you. he could be on his way. if this does not happen this whole thing did not happen. former florida republican congressman on whether he is going to be the gop man. what do you think? >> well, how are you doing? welcome to cpac, 48 anniversary. i think that you have a good assessment on what could happen with this straw poll. one of the main reasons why that could happen is because we are still within one week of senator rand paul doing the filibuster on the drug issues. it was a constitutionality issue. it talk to the civil liberties. he brought together peopl from aclu
is undermining the ryan budget. we have worked with paul ryan and his budget committee. and many of the budget committee members are rfc members. >> can you describe the key differences between the rfc budget, and the ryan budget? is ine, the ryan budget 10 years. that was a big objective republicans have pushed for. i have a five-year-old and three-year-old, and i do not think it is asking too much to balance the budget before they graduate from high school. right now the way the cbo scores it, we will balance in four years. save all working to medicare from bankruptcy. it goes bust right now and 11 years. we support the concept, but we are implementing premium support for people aged 59 or younger. i do not think that is a big difference philosophical it, because at the end of the day where both saving it from bankruptcy. president obama does not save it from bankruptcy at all. obama care expedites the bankruptcy. i think what we're doing is building upon the foundation and a strong budget that balances in 10 years. >> it is coming under criticism for fuzzy math. he uses revenue from unspeci
guess that theory of evolution was echoed by paul ryan today. i want to play sound regarding once again the fiscal ideas that he touted in 2012, rearing their heads in 2013. let's take a listen. >> a balanced budget is a reasonable goal because it returns government to its proper limits and focus. when government overreaches, it doesn't just hurt our paychecks, it hurts our quality of life. we need to make room for community, for that vast middle ground between the government and the individual. >> you know, governor, the part of me that sticks out there is use of the word "community." i think that's been a priority that's lost specifically in the ryan budget insofar as it sort of tears asunder the social fabric. what do you think about him couching this in softer terms. >> i hate to say it, he has become an empty suit. this budget is a joke. for example, he says he would get rid of obama care, he would get rid of the benefits but kept the tax benefits to balance the budget, which isn't balanced. gives tax cuts to people that make a million dollars a year, cuts medicaid benefits, privat
does matter. but economic growth matters too. now, i had paul ryan on the program last night with his budget. he wants corporate tax reform as a pro growth measure. today at the business roundtable with the ceos, i ran a panel. you know what they were talking about? corporate tax reform as the single best pro growth measure. are we going get that out. house? can you all put some pressure on the president who sometimes says he's in favor of corporate tax reform? that would grow the economy and help solve the debt problem. >> larry, he actually said that when he came to meet with the house republicans today because dave camp raised this issue. mr. president there are some areas where we have common ground can we move forward on that. he mentioned the corporate tax rate to which the president said i agree the corporate tax rate is too high, we should lower it, make it flatter, fairer, that's something we can agree on and he said we have about a nine month window here, envelope he thought in order to make something like that happen. dave said let's do it now. the president said we can't d
actually stop it. the house republicans are passing the paul ryan plan, and so then they'll go to conference and that where the heavy lifting will begin. >> shepard: the paul ripe plan has zero chance. >> it will pass the house and then they'll try to iron it out between the two plans. the paul ryan plan on its own would not be signed by president obama, would not pass the senate, burt it will pass the house. >> shepard: mike, thank you. meantime, something about our economy does not add up. we all know that. the latest government numbers show consumers spending grew at a strong pace. that's great because consumer spending counts for 70% of the total economic activity. here's the weird part. we're not seeing the expected comparable rise in our paychecks. we're spending more but no making more, and we're not spending more on credit cards. in fact the expert said the payroll tax hike would slow spending. it did not. so what is this? and rick suggests that more americans are taking advantage of the underground economy, earning and spending cash off the books to avoid taxes or othe
't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting
. and the other problem with patty murray's budge the, it never gets to balance. and paul ryan's budge net ten years, a fundamental difference with the kind of debt we as a nation continue to have. i was traveling around wyoming. we go to schools and students know we continue to borrow a lot of money every day just to stay ahead and a lot of the we're borrowing from china. >> paul ryan's budget balances in ten years because of the big chunk in the middle is killing obama care, which people have said i think recentasonably is going to happen. sure, it balances, but it's not going to happen. >> paul ryan's budget balances and spending increases every year under paul ryan's budget, it just doesn't increase as fast as the democrat's budget. the federal reserve came out with a report that talks about the impact of the health care law on the economy and on jobs. and it is hurting jobs. this is the federal reserve in their monthly report. talking about the bad impact of the health care law, because of the consequences within the law so businesses, due to the uncertainty, aren't hiring. when they do h
spending up to near 25% of gdp. paul ryan in his proposal down to 19 1/2% over ten years. the gap between what barack obama is willing to do and what the republicans want to do is enormous. these are huge numbers and the idea that obama is going to do a compromise with them in the space in between i think is very unlikely, paul. >> paul: the other thing the president said this week that was interesting to republicans is, you need me, you need me to be able to sell and reform of medicare and medicaid and giant programs to democrats. they'll never go along with it otherwise. is he right about that? >> look, if he's right or he's wrong, he shouldn't say it. one shouldn't say those taunting things to a group one is trying to do negotiation with. and to dan's point, one of the problems i think that the president has had in the polls is that he seems very often now not to be telling the truth. and in ways that are apparent to the american people. terrible things will happen with the sequester, nothing bad happens. well, we are going to cancel white house tours. oh, by the way, i didn't cancel t
at the event says these are likely front runners, rand paul, paul ryan, former senator rick santorum. marco rubio and governor scott walker. and coming up freshman senator ted cruz is set to deliver the keynote address. pope francis holding his first meeting with the media. pope saying he chose his name to honor st. francis of assisi an italian preach to gave life to work with the poor. we'll see you soon, i'm arthel nevil. ♪ ♪ ♪ >> eric: turns out green may not be see clean. amount of co two when manufacturing and electric vehicle is more than double the amount when making a gas powered car. depending on how many miles it is driven it may never make up the difference. jonathan, this comes after the the calls for more than $2 billion in green investments. is he kidding? >> these reports demonstrated once again the inherent corruption of the green movement of the environmental movement. electric car creates more co2 but we saw the same thing with ethanol. that was previous technology that the greens were pushing. that made more co2 and we spent billions of dollars subsidized. it goes t
is adopted. >> in a few moments, budget chair are presented of paul ryan. in 30 minutes, senator harry reid. the senate intelligence committee and the heads of the cia and fbi about global threats to the u.s. the house republicans 2014 budget plan would balance the federal budget in 10 years. among other things, reforming the tax code and medicare and repealing the president's healthcare law. paul ryan spoke with reporters in the capital for half an hour. >> good morning, everyone. what we have here is the house budget committee republican majority. putting out yet again a budget that it just is america's needs, a budget that balances. it is a responsible, balanced budget. we owe the american people a balanced budget. or the third straight year, we have a limited. we have balance a budget in just 10 years. this is a plan to balance the budget in 10 years. the house budget committee has spent the last several weeks working together with each other just like families and businesses do around the country. we have been assembling a budget so that we can make sure our country can live within its
. there is this hope of reaching the common ground with the proposal put forth with paul ryan. that's the big question. or is this war already too far gone to find out what the white house has called a caucus of commonsense. >> we have a balanced approach to this as opposed to an uncompromising approach. now, i understand that paul's position is sort of their extremist position. hopefully by the end of the day we will be able to bridge these differences. >> i don't think patty gives a lot of room for that common ground but i think the president can get engaged, which we can find common ground on spending cuts that get us on a path towards getting our debt stabilized. >> even as they press for the president to take a more active engagement in washington's fiscal followlie fiscal follys, the -- >> the question is, he is going to go out on the campaign trail and start campaigning against us? was it a poll-driven political calculation? >> joining me is south carolina democratic congressman, james clyburn. a $1 trillion increase in tax revenue proposed by the murray plan, 4.$4.25 trillion in savin through
, and while they said paul ryan's plan as extreme and tonight there are questions of the democrat's budget by patty murray and why are they saying they'll reduce 1.9 billion dollars declining to account for the spending. he confronted murray's staff yesterday. take a look. >> and we're looking at a situation, where you're double counting and not counting a trillion dollars in extra spending. you're not counting a trillion dollars in extra spending by saying we're going to just turn off the sequester which allows a trillion dollars more in spending to occur and not count it. that's what we want to know and we intend to find out before this day is over and my colleagues, if i'm wrong about this, i'll accept being in error, but our staff has looked at this. i can't possibly see how it's any other way than i have explained it. now, we've got other members who want to ask questions. >> yes, we do-- >> a trillion dollars, we're really showing how it is that our country is in such financial state. >> senator jeff sessions. here is what else we know about the murray budget. according to the budget
the paul ryan budget would do but making sure it survives for generations to come. putting revenues on the table that are fair and won't penalize the working people across america and making sure it is a balanced approach. i think what bob corker just said from his side is a basic principles that both parties can rally around. >> chris: and real specifically because i want to pin you down on this, are you saying you would accept structuralle chains, not doing away with medicare but structural changes and cuts to entitlements? >> let me tell you in 10-12 years medicare goes broke. that unanswered questions unanswered questions acceptable. the paul ryan voucher aapproach is destructive of medicare. there are ways to approach it to reduce the cost of medical care and still keep our promise to seniors across america. >> chris: part of the problem in the debate is that the parties seem to be disagreeing about the importance of dealing with our national debt. i want to play what president obama said this week and also what he said back as a candidate in 2008. take a look. >> we don't have
pour salt in taxpayers wounds. >>> plus the new democrat and paul ryan's budget plan get together like ice cream and ground beef. what wi both sides do to bridge the massive gap? >>> chris van hollen of the use budget committee will join us coming up. ♪ . this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ . melissa: call it one sweet bailout. the usda made by 400,000 tons of sugar from processors in order to prevent them from defaulting on $862 million in government loa. this by the way, is the sa agency that warned of widespread beef shortages due to a lack of funding just a few weeks ago. and of course the government has been making cuts left and right to do things we quote, n't afford. you know, like air traffic controllers, medical research, publ school teachers, stuff like that but it can drop862 million on sugar. the icing t
to earth. but the house budget chairman paul ryan pushes ahead with his plan to balance the nation's books with major spending cuts. he'll join us live this hour. i'm wolf blitzer. you're in "the situation room. . >>> it may be president obama's first official visit to israel but all eyes right now are on syria. the president says he's trying to find out if the damascus regime has crossed a u.s. red line by using chemical weapons against syrians. >> we intend to investigate thoroughly exactly what happened. obviously, in syria right now you've got a war zone. you have information that's filtered out but we have to make sure that we know exactly what happened. we know that there are those in the syrian government who have expressed a willingness to use chemical weapons if necessary to protect themselves. i am deeply skeptical of any claim that in fact it was the opposition that used chemical weapons. once we establi the facts, i have made clear that the use of chemical weapons is a game changer. >> strong words from the president. let's go straight to cnn's john king. he's on the scene trav
paul ryan's budget plan comes up this week. hear a veryting to spirited debate both in the senate and house. we will have republicans and differenton very sides of which should be done. >> how does paul ryan's budget compared to the democratic proposal? cut spending a lot more. the's budget would reduce deficit by almost $6 trillion in 10 years. reduce ay budget would little under $2 trillion in 10 years. >> what other groups are offering their own budget plan docks water they likely to focus on? >> -- who will be issuing their own budget plans? budget will be similar to patty murray's budget in the senate. increases,ave tax but neither would balance the budget in 10 years. also the congressional black caucus and the congressional progressive caucus will be introducing budget. it's possible a ryan version could be introduced in the senate. >> what is likely to happen in the senate this week? >> it will be democrats making the case for the patty murray budget. convince someto democratic senators who may not support that budget. they will have to sell it to democratic senators as we
a rerun of "the golden girls." we got rand paul. we got marco rubio. we got paul ryan. and the other guys, they got hillary and joe biden. >> yikes. that's senate minority leader mitch mcconnell yesterday poking fun at the democrats, leading contender for 2016. the come, as you might imagine, ruffled feathers, even in his own statement kentucky's democratic party chairman wants mcconn toll apologize. an into the political playground we go. talk about turning an awkward tv moment into a moneymaker, senator marco rubio's political action committee is selling water bottles with his name on them at cpac this weekend. as you can see, they are charging $25 a bottle. if you remember, rubio made that memorable lung for his water bottle in his middle of the state of union rebuttal last month. >>> and it sounds like a reality show but actually the white house kicking off a new audio series called "beinged ed "beie a listen. >> a couple guys in their hunting shirts i'm serving a meal to, along with folks you see in the background. >> the white house says the idea is for people to know the story beh
at 1:30 eastern time. house budget committee chairman paul ryan outlined had his party's plans on "the kudlow report" last night. >> hopefully we get a down payment on the problem. we balance the budget and pay off the debt in our budget. what we hope and what we think the republican majority is good for, if anything, is to get a down payment on the problem. balancing the budget is not an end of itself. it's an means to the end. we want to revival upper mobility and growth in this economy. >> senate democrats are going to release their own spending plan after calling the republican proposal unacceptable. it will call for about $1 trillion in new revenues by closing tax loopholes and about 1 trillion in spending cuts at the same time but no structural changes to medicare and the question is will that get -- do either of these plans get anybody anywhere or is everyone talking to themselves? >> they're talking to themselves. we discussed it yesterday. in the last negotiations you still have the fact there are republicans who think that the republicans gave too much and then there are demo
, not eliminating medicare, as i'm afraid the paul ryan budget would do but making sure it will survive for generations to come and putting revenues on the table that are fair and will not penalize the working people across america and making sure it is a balanced approach. i think what bob corker said from his side is a basic set of principles, that both parties can rally around. >> chris: and, real specifically because i want to pin you done on this: are you saying you would accept structural changes -- as you say, not doing away with medicare but structural changes and cuts to entitlements. >> let me tell you what we are facing in ten, 12 years, medicare goes broke. that is unacceptable. we want to make sure that medicare is there for generations to come. and, that means making some reforms and some constructive changes. the paul ryan voucher approach is destructive of medicare. it will not survive. millions of americans will lose their benefits. but, there are ways to approach it. to reduce the cost of medical care, and still keep our promise to seniors across america. >> chris: par
, the house is due to vote on the paul ryan budget. that's gotten a whole lot of buzz. he made his final pitch tonight. >> we need to balance the budget. balancing the budget is necessary for a healthy economy, for creating jobs. for giving our kids a debt-free nation. that's why we do this. their budget, despite what they say, never ever balances. >> now, to be clear, the paul ryan budget nor the senate democrat budget will become the law of the land. they will both pass very different budgets, and it will be up to a conference committee to work out the differences, shep? >> shepard: mike emanuel on capitol hill. the war in iraq began 10 years ago this week. we have been catching up with some the marines who led the ground invasion. just a few days later, they were fighting in the middle of a sandstorm outside baghdad. a couple of weeks after that they had toppled saddam hussein. and, well, we got some pictures. they were hanging out in one of the bombed out palaces. it would be more than 8 years before the final u.s. troops left iraq for good. as many wondered why we were there in the first
-- understated, obviously. neil: go ahead. >> well, there's a couple things. even under paul ryan's budget, which he just came out with, i guess today, spending there increases 3 #-4% a year. spending's not cut or raibed in. the other point is we want to shift money from the private -ector to the public sector, and, yet, the boom years, under both reagan and clinton saw them reduce government spending as a percentage of the gdp. it was only george bush that things ramped up and things flat lined as they have since obama's been in office. neil: peter, what's to stop nip in the white house from looking at the markets, looking at the improving economic status, not across the board, but enough of the board to feel we run the spending board, keep doing what we are doing because, obviously, it's working. look at those markets. what do you think? >> what's going to stop them is voters, for one thing, and house republicans for another who basically said they're not in the mood for any kind of tax hikes right now, and, you know, patty murray's budget raises about a trillion dollars, and all else being equ
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